California Revenue and Taxation Code

§ 480.8

RTC § 480.8 Effective Jan 1, 2008Div. 1 · Part 2 · Ch. 3 · Art. 2.5

Statute text

(a)(1) For purposes of complying with the change in ownership provisions of Section 65.1 and subdivision (i) of Section 61, upon a written request of the county assessor, the owners of a cooperative housing corporation, community apartment project, condominium, planned unit development, or other residential subdivision complex with common areas or facilities in which units or lots are transferred without the use of recorded deeds, shall file an ownership report on or before the first February 1 that follows an assessor request, and on or before each February 1 thereafter. The ownership report shall include all of the following information:

(A)The full name and mailing address of each owner, stockholder, or holder of an ownership interest in the property and a copy of the stock certificate, or other document that evidences an interest in the unit or lot. Copies of stock certificates and other documents evidencing an interest in an individual unit or lot that were provided to the county assessor in a previous ownership report are not required to be provided in subsequent ownership reports.

(B)The situs address, including the number, of each unit or lot.

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Legislative history

Added by Stats. 2007, Ch. 450, Sec. 2. Effective January 1, 2008.